Welcome to our dedicated page for Zoom Communications news (Ticker: ZM), a resource for investors and traders seeking the latest updates and insights on Zoom Communications stock.
Zoom Video Communications (ZM) provides a comprehensive news hub for tracking official announcements and market developments in cloud-based collaboration solutions. This resource aggregates press releases, regulatory filings, and third-party analysis related to Zoom's evolving position in the unified communications sector.
Investors and industry observers can monitor critical updates including quarterly earnings reports, product feature enhancements, and strategic partnerships. The curated collection serves as a reliable reference for understanding Zoom's innovation pipeline and competitive responses in video-first communication platforms.
Content highlights include technical advancements in AI-powered meeting tools, enterprise security updates, and adoption trends across education and healthcare verticals. All materials maintain chronological organization for efficient tracking of operational milestones.
Bookmark this page for streamlined access to Zoom's corporate communications and related market commentary. Combine with fundamental analysis tools for complete investment research workflows.
Zoom Video Communications (NASDAQ: ZM) has unveiled a groundbreaking single-use webinar offering capable of hosting up to 1 million attendees. This new feature expands Zoom's webinar capacity options, now including 10K, 50K, 100K, 250K, 500K, and 1M attendee capacities. The offering provides unmatched performance at scale, with zero latency, best-in-class audio and video quality, and the ability to host sessions up to 30 hours long with 1,000 interactive video panelists.
Key features include reliability, scalability, ease of use, flexibility in pricing plans, and comprehensive analytics. The new offering is initially available in the U.S. and aims to transform large-scale communications across various sectors, including enterprise, entertainment, and public sector organizations.
Zoom Video Communications has launched Zoom Docs, an AI-first collaborative document solution powered by Zoom AI Companion. This new feature is included at no additional cost with Zoom Workplace paid licenses, aiming to enhance meeting effectiveness and transform team collaboration.
Key features of Zoom Docs include:
- Converting meeting outcomes into actionable documents
- Simplifying meeting collaboration with AI-generated summaries
- Facilitating co-editing during meetings
- Generating and revising content based on meeting transcripts
- Translating content into multiple languages
- Customizable templates for various use cases
Zoom Docs adapts to different team needs, allowing users to customize docs with various content blocks, embed content from third-party platforms, and collaborate with up to 100 users simultaneously. The feature is available now for Zoom Workplace app users (version 6.1.6 or later) and can be accessed via the Docs web homepage or Zoom Web App.
Zoom Video Communications (NASDAQ: ZM) has announced the upcoming release of its financial results for the second quarter of fiscal year 2025. The results will be made public on Wednesday, August 21, 2024, after market close. Investors and interested parties can access a live Zoom Webinar of the event at 2:00 pm PT / 5:00 pm ET through the company's investor relations website. For those unable to attend the live event, a replay will be available approximately two hours after its conclusion.
Zoom Video Communications showcased its advanced customer engagement technologies at the Customer Experience Management (CEM) Africa Summit 2024 in Cape Town, South Africa. The event, held from July 30 to August 1, featured interactive workshops and a dedicated exhibition booth where Zoom demonstrated its latest AI tools for improving customer and agent interactions.
Mohannad AlKalash, Managing Director for the Middle East, Turkey, Africa, and Pakistan (METAP) regions, emphasized Zoom's commitment to propelling regional growth and fostering local talent. The summit included presentations from Zoom experts on AI integration in customer experiences, personalized customer journey mapping, and advanced communication strategies.
The CEM Africa Summit attracted over 600 participants, including CX professionals, industry leaders, and business executives, featuring discussions and presentations from approximately 95 speakers.
Zoom Video Communications has announced the global availability of post-quantum end-to-end encryption (E2EE) for Zoom Workplace, specifically for Zoom Meetings. This makes Zoom the first Unified Communications as a Service (UCaaS) provider to offer this security feature. The new encryption technology is designed to protect against future quantum computer threats, specifically 'harvest now, decrypt later' attacks. Zoom plans to extend this feature to Zoom Phone and Zoom Rooms shortly. The encryption utilizes the Kyber 768 algorithm, a module lattice-based key encapsulation mechanism being standardized by NIST. This proactive security upgrade aims to safeguard user data against evolving cybersecurity threats.
Zoom Video Communications (NASDAQ: ZM) reported its Q1 financial results for fiscal year 2025. The total revenue reached $1,141.2 million, up 3.2% year-over-year. Enterprise revenue increased by 5.3% to $665.7 million. Operating cash flow grew 40.6% to $588.2 million. GAAP net income stood at $216.3 million, or $0.69 per share, a significant rise from $15.4 million, or $0.05 per share, in the same period last year. Non-GAAP net income was $426.3 million, or $1.35 per share.
The company repurchased 2.4 million shares and reported a GAAP operating margin of 17.8% and a non-GAAP operating margin of 40.0%. Similarly, free cash flow increased by 43.6% to $569.7 million. Zoom's cash and marketable securities totaled $7.4 billion.
Customer metrics showed a growth in enterprise customers and a stable net dollar expansion rate. For Q2 and FY 2025, Zoom expects revenues between $1.145 billion-$1.150 billion and $4.610 billion-$4.620 billion, respectively. Non-GAAP EPS is projected between $1.20-$1.21 for Q2 and $4.99-$5.02 for the full year.
Meta is discontinuing its employee engagement platform, Workplace from Meta, and has named Workvivo by Zoom as its sole preferred migration partner. The partnership aims to facilitate a smooth transition for Workplace customers to Workvivo, with additional implementation services offered at no extra cost. John Goulding, CEO of Workvivo, reassured customers that their support is top priority. Eric S. Yuan, CEO of Zoom, highlighted the platform's ability to engage workforces, especially frontline employees. Workvivo, acquired by Zoom in 2023, has seen significant growth and collaborates with major brands like Amazon and Virgin Group to enhance employee engagement.
Zoom Video Communications, Inc. (NASDAQ: ZM) will release its financial results for the first quarter of fiscal year 2025 on May 20, 2024, after the market closes. Investors can access a live Zoom Webinar of the event at 2:00 pm PT / 5:00 pm ET through Zoom's investor relations website. A replay will be available shortly after the live event.
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